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The public utilities are an interesting testing ground to understand the relation and asymmetry of information between an agent and his principle. The normative theory of agency and the positive theory of agency represent theory sphere of the contractual relation and the incentive and...
Persistent link: https://www.econbiz.de/10008789113
Russia and its main gas company Gazprom, essential suppliers for the European gas market, are today at the centre of the debate surrounding the security of the European Union's gas supply. A variety of factors have focussed interest on the question of Gazprom's industrial strategies and more...
Persistent link: https://www.econbiz.de/10008792407
1980s. In such a dynamic context, the contract may take place over several periods and develop repeated interactions. Then …, the principal topics of the analysis are commitment, reputation, memory and the renegotiation of the contract. Few papers … have tried to apply the predictions of dynamic contract theory to data. The examples of applications introduced in this …
Persistent link: https://www.econbiz.de/10008792681
is the generalization of a breach of a term of contract. …
Persistent link: https://www.econbiz.de/10008794157
compare two types of contracts : a deforestation performance-based contract and a conditional avoided deforestation …-based contract. Because of the implementation and transaction costs, each kind of REDD+ contract implies a dramatically different … information rent / efficiency trade-off. If the contract is performance-based (resp. conditionality-based), information rents are …
Persistent link: https://www.econbiz.de/10010635034
This study investigates the differences between intensive technology and low-tech firms located in Mexico, focusing on … results show that while Mexico is not yet a fully developed technological country. Indeed, technologically intensive firms are … rare cases. Mexico is progressing rapidly towards a technologically developed country in some sectors. Moreover, Mexico …
Persistent link: https://www.econbiz.de/10010549146
local wages. Mots-clés : Migration, Roy model, migrant self-selection, subjective data, shocks, Mexico …
Persistent link: https://www.econbiz.de/10010738891
By focusing on human capital investment, the Mexican Oportunidades program will influence the economic choices of the rural poor. To understand how beneficiaries may alter their behavior as a result of this intervention, this paper uses administrative data to analyze the economic activities of...
Persistent link: https://www.econbiz.de/10010738990
El objetivo es analizar el caso de la empresa Polaroid de México, en un afán de comprender cómo se estructura el poder …
Persistent link: https://www.econbiz.de/10008789117
, and employment effects on the local and national economies. To this end we will be looking at Mexico where export … processing zones are very developed. Mexico seems an appropriate case study to assess to which extent the predictions of economic …
Persistent link: https://www.econbiz.de/10008790300